Seventh heaven?

The article focuses on the forecasts of Paul Resnik Consulting Group executive Paul Resnik on the financial performance of financial planners under the proposed highly tax-effective and simplified superannuation system in Australia. Resnik believes that astute financial planners will examine the proposed provisions to identify new opportunities for their clients. Significantly, the budget opens new superannuation strategies for financial planners. Finally, those advising ordinary income earners will concentrate their advice on cashflow, investment portfolio development, and producing supplementary retirement income.